The Taiwanese Congress has updated the “Value-Added and Non-Value-Added Business Tax Act” (BTA) to revise the procedures for electronic invoices. The amendments require taxpayers to transmit e-GUIs and related information to the MoF’s Integrated Service Platform within 7 days for B2B and 2 days for B2C invoices. Failure to meet deadlines or transmit required information will result in fines of TWD 1,500 to TWD 15,000. The MoF has also released the Message Implementation Guideline version 4.0, with the previous version valid until December 31, 2025.
Source Sovos
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